Jerrylkl Posted June 16, 2022 Share Posted June 16, 2022 I key in the general journal Debit Purchase RM 1,650.13 and Credit Accruals RM 1,650.13. But when I check my Balance Sheet, the Liabilities showing total RM 3,300.26. Why the Liabilities will showing the RM 1,650.13 x 2 times (double up)? The correct amount should be RM 1,650.13 for the Liabilities right? Link to comment Share on other sites More sharing options...
GRH Posted July 12, 2022 Share Posted July 12, 2022 Not sure how your Nominal Ledger is set up, but it sounds like you have posted to the same 'side'. Some more details would help, but I get the feeling that the Accrual ought to be a Pre-payment. Link to comment Share on other sites More sharing options...
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